WAC 284-04-220. Revised privacy notices

(1) General rule. Except as otherwise authorized in this regulation, a licensee shall not, directly or through an affiliate, disclose any nonpublic personal financial information about a consumer to a nonaffiliated third party other than as described in the initial notice that the licensee provided to that consumer under WAC 284-04-200 , unless: (a) The licensee has provided to the consumer a clear and conspicuous revised notice that accurately describes its policies and practices; (b) The licensee has provided to the consumer a new opt out notice; (c) The licensee has given the consumer a reasonable opportunity, before the licensee discloses the information to the nonaffiliated third party, to opt out of the disclosure; and (d) The consumer does not opt out. (2) Examples. (a) Except as otherwise permitted by WAC 284-04-400 , 284-04-405 , and 284-04-410 , a licensee shall provide a revised notice before it: (i) Discloses a new category of nonpublic personal financial information to any nonaffiliated third party; (ii) Discloses nonpublic personal financial information to a new category of nonaffiliated third party; or (iii) Discloses nonpublic personal financial information about a former customer to a nonaffiliated third party, if that former customer has not had the opportunity to exercise an opt out right regarding that disclosure. (b) A revised notice is not required if the licensee discloses nonpublic personal financial information to a new nonaffiliated third party that the licensee adequately described in its prior notice. (3) Delivery. When a licensee is required to deliver a revised privacy notice by this section, the licensee shall deliver it according to WAC 284-04-225 .